Midwest Holding  logo
Midwest Holding MDWT

Quarterly report 2023-Q3
added 11-13-2023

report update icon

Midwest Holding Accounts Receivables 2011-2025 | MDWT

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.
Examples of accounts receivable
  • Customers have not paid invoices for delivered products
  • An advance has been paid to a supplier, but goods have not yet been received
  • Employees have not reported on accountable amounts
  • The government must refund tax overpayments
  • Outstanding loans issued
Importance of accounts receivable in company analysis
  1. Asset quality
    Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
  2. Impact on cash flow
    Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
  3. Assessment of management efficiency
    The following accounts receivable turnover ratios are commonly used:
    Receivables turnover = Revenue / Average accounts receivable
    (the higher — the better)

    Days Sales Outstanding (DSO) = 365 / Turnover
    (the fewer days — the faster customers pay)

    If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Quarterly Accounts Receivables Midwest Holding

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - - - - - - - - 2.84 M 1.87 M 1.1 M 370 K 312 K 312 K 312 K 312 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
2.84 M 312 K 928 K

Accounts Receivables of other stocks in the Insurance industry

Issuer Accounts Receivables Price % 24h Market Cap Country
Ambac Financial Group Ambac Financial Group
AMBC
55.4 M - -0.55 % $ 424 M usaUSA
Enstar Group Limited Enstar Group Limited
ESGR
58 M - - $ 4.95 B bermudaBermuda
First American Financial Corporation First American Financial Corporation
FAF
2.5 M $ 64.61 1.05 % $ 6.71 B usaUSA
Fidelity National Financial Fidelity National Financial
FNF
362 M $ 58.74 2.06 % $ 15.9 B usaUSA
Greenlight Capital Re, Ltd. Greenlight Capital Re, Ltd.
GLRE
136 K $ 14.48 1.51 % $ 493 M cayman-islandsCayman-islands
Oxbridge Re Holdings Limited Oxbridge Re Holdings Limited
OXBR
100 K $ 1.36 -3.55 % $ 7.98 M cayman-islandsCayman-islands
Maiden Holdings, Ltd. Maiden Holdings, Ltd.
MHLD
1.42 M - 15.0 % $ 117 M bermudaBermuda
Principal Financial Group Principal Financial Group
PFG
647 M $ 90.75 0.9 % $ 21.1 B usaUSA
Radian Group Radian Group
RDN
128 M $ 36.14 0.72 % $ 5.51 B usaUSA
Tiptree Tiptree
TIPT
138 M $ 18.34 2.34 % $ 676 M usaUSA
Trupanion Trupanion
TRUP
274 M $ 36.37 0.04 % $ 1.53 B usaUSA